‘Concerning trend’: Impersonation scams swell 1400% in 2025
Impersonation scams in the cryptocurrency sector have surged by 1400% in 2025, raising significant concerns among industry experts. Scammers are increasingly using social engineering tactics to deceive individuals into revealing sensitive information or transferring funds. The rise in these scams is attributed to the growing popularity of cryptocurrencies and the lack of regulatory oversight. Authorities are urging users to remain vigilant and adopt security measures to protect themselves from potential fraud. The trend highlights the urgent need for enhanced education and awareness in the crypto community.
Read the full article: Coin Telegraph